16,234 Shares in Palantir Technologies Inc. $PLTR Acquired by Qsemble Capital Management LP

Qsemble Capital Management LP bought a new position in shares of Palantir Technologies Inc. (NASDAQ:PLTR) during the fourth quarter, HoldingsChannel.com reports. The firm bought 16,234 shares of the company’s stock, valued at approximately $2,886,000.

A number of other hedge funds have also recently bought and sold shares of the company. Sherman Asset Management Inc. acquired a new stake in Palantir Technologies during the fourth quarter worth approximately $675,000. AlphaCore Capital LLC boosted its position in Palantir Technologies by 48.9% during the fourth quarter. AlphaCore Capital LLC now owns 16,190 shares of the company’s stock worth $2,878,000 after acquiring an additional 5,316 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in Palantir Technologies by 0.7% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 72,989 shares of the company’s stock worth $12,974,000 after acquiring an additional 504 shares during the last quarter. IMG Wealth Management Inc. boosted its position in Palantir Technologies by 12.4% during the fourth quarter. IMG Wealth Management Inc. now owns 1,555 shares of the company’s stock worth $276,000 after acquiring an additional 171 shares during the last quarter. Finally, Clarendon Private LLC boosted its position in Palantir Technologies by 9.8% during the fourth quarter. Clarendon Private LLC now owns 1,362 shares of the company’s stock worth $242,000 after acquiring an additional 122 shares during the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.

Palantir Technologies News Summary

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Wall Street commentary remains constructive after Palantir’s strong quarterly results, with one brokerage lifting its price target to $230 and keeping a Buy rating, citing the company’s powerful revenue growth and AI momentum. Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results
• Positive Sentiment: Palantir-linked defense and autonomy demand continues to show up in partner results, as Ondas reported explosive revenue growth and raised guidance, highlighting broader commercial and defense adoption of Palantir-powered technology. Palantir-Backed Ondas Stock Soars. Autonomous Drone Company Sees Revenue Grow 1,065%.
• Positive Sentiment: Several bullish articles argue the recent pullback could be a buying opportunity, with analysts and commentators pointing to Palantir’s rapid revenue growth, rising analyst targets, and long runway in AI and government software. Palantir’s Critics Are “Right”—But They’re Also Still Wrong
• Neutral Sentiment: Media coverage of President Trump’s purchases and public comments on Palantir has increased attention on the stock, but this is more of a sentiment driver than a direct business catalyst. Trump touted Palantir on Truth Social after buying the company’s stock, records show
• Neutral Sentiment: Long-form outlook pieces and “stock price in 2030” predictions are keeping Palantir in the spotlight, but they do not materially change the near-term fundamental picture. This Will Be Palantir Technologies Stock Price in 2030
• Negative Sentiment: Bearish commentary continues to focus on valuation, with some investors arguing Palantir’s premium is too high even after exceptional growth, which may be contributing to the stock’s weakness. Where Will Palantir Stock Be in 5 Years?
• Negative Sentiment: Additional reports note that Palantir is still trading well below recent highs after a strong run, with investors rotating away from software names and some insiders reportedly selling more than buying. Retail traders are trimming holdings of longtime AI favorite Palantir in a pivot from software stocks

Insider Activity at Palantir Technologies

In other news, insider Stephen Andrew Cohen sold 327,088 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total value of $43,738,207.36. Following the transaction, the insider owned 592 shares of the company’s stock, valued at approximately $79,162.24. This trade represents a 99.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the completion of the transaction, the insider directly owned 392,370 shares in the company, valued at approximately $52,467,716.40. This represents a 4.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,029,479 shares of company stock valued at $137,685,797 over the last 90 days. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Stock Up 0.2%

NASDAQ:PLTR opened at $133.99 on Friday. The company has a market cap of $321.22 billion, a P/E ratio of 150.55, a P/E/G ratio of 2.13 and a beta of 1.52. Palantir Technologies Inc. has a fifty-two week low of $118.93 and a fifty-two week high of $207.52. The firm’s 50 day moving average is $144.62 and its two-hundred day moving average is $159.79.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a net margin of 43.67% and a return on equity of 28.34%. Palantir Technologies’s revenue was up 84.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. Research analysts forecast that Palantir Technologies Inc. will post 1.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PLTR has been the topic of a number of analyst reports. Argus upgraded shares of Palantir Technologies from a “hold” rating to a “buy” rating and set a $190.00 target price on the stock in a research report on Wednesday, May 6th. HSBC lowered shares of Palantir Technologies from a “buy” rating to a “hold” rating and decreased their target price for the stock from $205.00 to $151.00 in a research report on Friday, May 1st. UBS Group increased their price target on shares of Palantir Technologies from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Phillip Securities increased their price target on shares of Palantir Technologies from $190.00 to $202.00 in a research note on Monday, May 11th. Finally, DZ Bank initiated coverage on shares of Palantir Technologies in a research note on Thursday, April 23rd. They set a “buy” rating and a $175.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Palantir Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $195.16.

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.